§ 36.051  CONFLICT OF INTEREST POLICY.
   (A)   Officers or employees of the town shall neither solicit nor accept gratuities, favors, or anything of monetary value from consultants, potential consultants, vendors, professionals or parties to subagreements, unless in accordance with this conflict of interest policy. The aforementioned prohibition does not include gratuities, favors, or anything of monetary value under $300 per day. Any financial interest under $300 per day shall be considered not substantial in accordance with the Code of Federal Regulations.
   (B)   This policy conforms to the standards set forth in the Code of Federal Regulations and by the Indiana Department of Transportation. A CONSULTANT is defined as an individual or firm providing engineering and design related services as a party to a contract with a recipient or subrecipient of federal assistance.
(Ord. 32-2017, passed 11-27-2017)